Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2023 · $203K total declared value · Most recent: Nov 2025 (roofwind)
PELLA NORTHLAND
The Oasis Group Inc
INTERSTATE REMOVAL CO
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 95
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3416 PARK AVE MINNEAPOLIS MN 55407 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $390,000 | 136 ft |
| 3421 OAKLAND AVE MINNEAPOLIS MN 55407 | A & B MILLER | RESIDENTIAL | $282,900 | 167 ft |
| 3420 PARK AVE MINNEAPOLIS MN 55407 | S D V ZAMORA/L M G ESPINOZA | RESIDENTIAL | $220,500 | 175 ft |
| 3425 OAKLAND AVE MINNEAPOLIS MN 55407 | KATHRYN L MCCURDY | RESIDENTIAL | $356,500 | 205 ft |
| 3424 PARK AVE MINNEAPOLIS MN 55407 | AFFORDABLE GREEN HOMES LLC | RESIDENTIAL-TWO UNIT | $356,000 | 221 ft |
| 3356 PARK AVE MINNEAPOLIS MN 55407 | CLIFTON J RENNIE JR ET AL | RESIDENTIAL | $516,800 | 223 ft |
| 3351 OAKLAND AVE MINNEAPOLIS MN 55407 | MOLINA INVESTMENT GROUP LLC | TRIPLEX | $691,000 | 225 ft |
| 3408 OAKLAND AVE MINNEAPOLIS MN 55407 | M ERICKSON & M EULL | RESIDENTIAL | $340,000 | 239 ft |
| 3404 OAKLAND AVE MINNEAPOLIS MN 55407 | DENISE M LUNNING ET AL | RESIDENTIAL | $316,200 | 242 ft |
| 3427 OAKLAND AVE MINNEAPOLIS MN 55407 | MARY B STEWART | RESIDENTIAL | $192,000 | 244 ft |
Current Tax Year